DGAP-Adhoc: HMS Bergbau AG: Publication of an Insider Information according to Article 17 MAR as per 21 December 2017

2017. december 21., csütörtök, 14:28





DGAP-Ad-hoc: HMS Bergbau AG / Key word(s): Disposal/Investment


HMS Bergbau AG: Publication of an Insider Information according to Article 17 MAR as per 21 December 2017


21-Dec-2017 / 14:28 CET/CEST


Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.


The issuer is solely responsible for the content of this announcement.




Publication of an Insider Information according to Article 17 MAR as per 21 December 2017





HMS Bergbau AG: Sale of 5% in Silesian Coal S.A.



Berlin, 21 December 2017: HMS Bergbau AG announces the sale of a 5 percent interest in its subsidiary Silesian Coal S.A. bringing its ownership in Silesian Coal S.A. to 95 percent. The buyer is a Swiss company specialised in such investments and financing arrangements. HMS and the buyer intend to jointly manage the subsidiary"s operating development and the financing arrangements of these activities. The purchase price is based on the valuation of Silesian Coal S.A. of a low, triple-digit euro million amount.



Both parties agreed to keep further details of the transaction confidential.



The Management Board



Disclaimer:



The information in this release contains forward-looking statements that are subject to various risks and uncertainties. Such forward-looking statements are based on current forecasts, expectations and estimates of HMS Bergbau AG"s Executive Board at the time of their publication. Such statements constitute neither promises nor guarantees and are subject to various known and unknown risks and uncertainties, some of which are beyond HMS Bergbau AG"s influence. These risks and uncertainties may lead to actual results differing materially from statements that are mentioned herein. Notwithstanding legal requirements HMS Bergbau AG accepts no obligation to update or adjust the forward-looking statements contained in this release to reflect events or circumstances after the date of this release.



About HMS Bergbau AG:



Berlin-based HMS Bergbau AG is one of the leading independent raw materials marketing and trading companies in Germany, specialising in the international purchase and sale of coal and raw materials such as ore, fertilizers and cement products. Its customers include renowned energy producers and other industrial consumers worldwide, with whom it works closely to provide raw materials. HMS Bergbau AG is active primarily in Asia, Africa and Europe and also develops first-class raw material resources. Through its Polish subsidiary Silesian Coal Sp. S.A., the company also has licences to explore coal reserves in Silesia. HMS Bergbau AG has also sold the coal products of IchorCoal N.V. for a considerable time and concluded a number of new supply agreements in 2016, particularly in Asia. HMS Bergbau AG also handled complex transport solutions for its customers. The company was established in 1995 and is listed on Germany"s Frankfurt Stock Exchange in the Basic Board segment.











21-Dec-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

























Language: English
Company: HMS Bergbau AG

An der Wuhlheide 232

12459 Berlin

Germany
Phone: 030 65 66 81-0
Fax: 030 65 66 81-15
E-mail: hms@hms-ag.com
Internet: www.hms-ag.com
ISIN: DE0006061104
WKN: 606110
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board)





 
End of Announcement DGAP News Service




641233  21-Dec-2017 CET/CEST







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